163 / 207 Relevant items tagged with #btc

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Bitcoin At Decision Point As Investors Hold Neutral Sentiment

[Jul 27, 2023 8:00 AM] Bitcoin may be at a decision point right now as investor sentiment is exactly neutral. Which way will the market tip in the coming days? Bitcoin Fear & Greed Index Suggests Market Is Neutral A few days back, Bitcoin had observed a sharp plunge…

Crypto Analyst Predicts Bitcoin To Drop By 20% In Coming Weeks

[Jul 27, 2023 5:00 AM] Bitcoin (BTC) has shown much resilience in the wake of the US Federal Reserve announcing a 25 basis points hike in the Federal Funds Rate (FFR) on Wednesday. Based on data from CoinMarketCap, the premier cryptocurrency is up by 0.78% in the last 24…

Why Is Bitcoin And The Crypto Market Up Today?

[Jul 27, 2023 1:35 AM] The Bitcoin and crypto markets are experiencing a slight upswing today, with BTC and other major altcoins making gains. The main catalyst behind this uptrend appears to be yesterday’s Federal Open Market Committee (FOMC) meeting. At the time of…

Bitcoin Exchange Supply Only Slips Further Despite Price Decline

[Jul 26, 2023 9:00 AM] On-chain data shows that the Bitcoin exchange supply has only continued to slip further recently despite the price drop to the $29,200 that BTC has observed. Bitcoin Exchange Supply Has Declined To Just 1.17 Million BTC Now According to data from…

Bitcoin Mining Machine Efficiency Doubled in Five Years

[Jul 26, 2023 7:39 AM] A recent report by Coin Metrics has news for fans of energy efficiency: ASIC miners overall are reducing their energy consumption per coin produced. But which are the most efficient? For Mining Week, CoinDesk dug deeper to determine which of 11…

Will Bitcoin Rebound? This Metric May Be The One To Watch

[Jul 25, 2023 7:30 AM] The on-chain analytics firm Santiment suggests that this indicator may be the one to watch to get hints about when Bitcoin might rebound. Large Stablecoin Holders Have Seen Stagnant Supply Recently According to Santiment, the movements of the…

Countdown To FOMC: What Bitcoin And Crypto Traders Must Brace For

[Jul 25, 2023 6:30 AM] As the eagerly anticipated Federal Open Market Committee (FOMC) meeting approaches, the financial world is abuzz with speculation about the potential implications for Bitcoin and crypto. Tomorrow, on Wednesday, July 26th, at 2 pm EST, the FOMC will…

Bitcoin Price Hits Next Bearish Target But Bears Are Not Done Yet

[Jul 24, 2023 9:39 PM] Bitcoin price extended its decline and traded below $29,000. BTC is still at risk of more downsides toward the $28,200 support zone in the near term. Bitcoin is gaining bearish momentum below the $29,200 level. The price is trading below $29,500…

This Technical Signal Says Bitcoin Dominance Has Potentially Peaked

[Jul 24, 2023 6:36 PM] Altcoin sentiment is at extreme lows, but that’s not the only thing reaching extremes. Bitcoin dominance, a measure of the top cryptocurrency by market cap’s weight compared to the rest of the space, also reached the most extreme reading ever on a…

Bitcoin Sharks Continue Accumulation, But Whales Stagnate

[Jul 24, 2023 8:30 AM] On-chain data shows the number of Bitcoin sharks has continued to increase recently, but the whale count on the network has hit stagnation. Bitcoin Sharks Have Continued To Go Up In Number Recently According to data from the on-chain analytics firm…